Hartford Business Journal Special Editions

40 Under 40 Twenty-Fifth Anniversary

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59 HARTFORDBUSINESS.COM | AUGUST 23, 2021 2012 CHRISTOPHER J. ALLEN JOSEPH "JAY" ARCATA III KRISTINA R. BATTLE TYLER V.R. BOOTH JESSICA BRAHANEY CAIN TJ CLYNCH JENNY COMERFORD LAURA BRUBAKER CRISCO GIANNI DIDOMENICO RYAN DONOHUE ALISA DZANANOVIC CARRIANNA K. FIELD ALISON GILCREAST CARL HARDING DEVIN J. HAWTHORNE CLIF HIRTLE KEITH KNOWLES MARK LASSOFF DAVID LAWTON LISA BANATOSKI MEHTA VERONICA MONTALVO RORY MOORER MATTHEW COLLIN MORGAN SARAH MAGGI MORIN BILL MOSCHELLA SCOTT NEWLAND MATTHEW PUGLIESE MICHAEL RELL KIM REYNOLDS DARYL RICHARD ASHLEY BARON RUSSO ERICK M. SANDLER MICHAEL SILVESTRINI RAYMOND SMITHBERGER REBECCA STEWART JESSICA TAGLIARINI CHAD TURNER CARMEN VEAL MICHAEL VIGEANT MARK WATSON Hartford's iQuilt concept grows past its planning stages. The main thrust is to tie together cultural assets to make Hartford more livable and walkable. Lots of money, mostly federal is needed to help it reach its full potential. The iconic Travelers Tower in downtown Hartford is getting a $30 million facelift. The project will repair and replace exterior elements, windows and drainage systems. 4 O U N D E R 4 0 W I N N E R S | Y E A R 2 0 1 2 Downtown Hartford's high vacancy rates wreak havoc on the property values of nearly all Class A office towers in the central business district. Municipal revaluation is shaving at least 15 percent off most values, while the biggest buildings downtown lost much more. In the waning days of the legislative session, the General Assembly creates the Capital Region Development Authority, giving it broad power and state financial backing to plan and implement major regional development projects, including housing, the future of the XL Center, and overseeing the purchase of Hartford office space to move state workers downtown.

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